Charter Communications director John Malone says the company has recently been approached by four firms -- including Altice, Verizon and Softbank -- to discuss a potential merger or acquisition. "The problem is none of them at this point have made a pitch that was worthy of bringing it to the board and proposing it seriously to the board," he explained.
NBC plans to stream over 1,800 hours of content from the 2018 Winter Olympics -- almost double the amount it streamed during the 2014 Games. Coverage will include live footage from practice sessions, simulcasts of network coverage and three digital-only shows.
If the Justice Department files suit to block the proposed deal between AT&T and Time Warner, "it may well be the antitrust case of the decade," James Stewart writes. Analysts are questioning why the government is threatening to block the deal, which is classified as a vertical merger.
The Federal Communications Commission has unanimously voted in favor of seeking public comments on the elimination of cable systems reporting through Form 325. The FCC is requesting input on whether the costs outweigh the benefits and is also seeking alternative methods for collecting data.
Comcast and Verizon have each approached 21st Century Fox about acquiring several of its television and film assets, sources say. The potential buyers have reportedly expressed interest in entities such as cable networks National Geographic and FX, European pay-TV provider Sky as well as Fox's movie and TV production studios, though discussions are in the very early stages.
The Federal Communications Commission has voted to release 1,700 MHz of high-band spectrum for 5G wireless, a move applauded by cable operators and telecoms, including Charter Communications, Verizon and T-Mobile. The commission also voted to retain the 64-71 GHz band for unlicensed use.
Roku recently announced that 43% of the content watched on its over-the-top devices during the first six months of 2017 was supported by ads, and 41% of its profits for the same period came from advertising. "Ad-supported OTT should prove to be a strong contender for television advertising dollars as more and more viewers shift away from traditional television," writes Alan Wolk.
Leeann Tweeden opened up about allegedly being kissed and groped by Sen. Al Franken, D-Minn., during a USO tour in 2006. Franken later issued an apology, which Tweeden accepted, stating, "There's no reason why I shouldn't accept his apology."
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